JP Morgan Assumes Trinet Group at Underweight, Maintains Price Target of $103
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang has assumed coverage of Trinet Group with an Underweight rating, maintaining a price target of $103.
October 22, 2024 | 12:08 pm
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JP Morgan's analyst Tien-Tsin Huang has assumed coverage of Trinet Group with an Underweight rating, keeping the price target at $103. This suggests a cautious outlook on the stock.
The Underweight rating indicates that JP Morgan expects Trinet Group to underperform relative to other stocks. Maintaining the price target at $103 suggests limited upside potential, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100